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Amount Of Cash To Have On Hand..
Honestly.
For a major portfolio.
Say 500 million to a Billion.
What percentage in cash, should a player have on hand at any time, for trades, opening weekend buys, etc?
As I posted, I hit a billion dollars.
I currently have about 60 million cash in my port, which seems like a lot.
I feel like I should have more cash invested to work for me.
Yet, in spite of my major milestone of hitting a billion, I have always played the slow, steady climb approach.
I just don't want to. invest cash anywhere, to have it invested in something.
I was just ciurious what players think is a good amount of cash to have for a port such as mine.
Tens of millions, or as little cash as ppssible.
Thanks.
Amount Of Cash To Have On Hand.. Dec 22, 10:02
I like to have 50 to 100M and my port is 1.8B. Just in case. {nm} Dec 22, 12:25
Okay, thanks. So then maybe I'm not holding on to an obscene amount of cash. {nm} Dec 22, 13:18
At some point, the cash just builds up. Dec 22, 15:15
